Skip to main content

About your Search

20121224
20130101
STATION
MSNBCW 10
CNBC 6
KPIX (CBS) 1
WBAL (NBC) 1
LANGUAGE
English 28
Search Results 0 to 27 of about 28
have been following this morning, the fiscal cliff deadline. we are getting closer. but even if lawmakers managed to reach a deal in time, they will likely put off big decisions on taxes and entitlement programs and the growing $16 trillion budget deficit. how do we deal with that? the former deputy assistant to former president george bush. brad and joe, welcome. >> good to be with you. >> eric: of course. brad, i mean, this morning, the with the was on with the meet the press," blaming republicans. the republicans call it a lack of presidential leadership. does this thing get solved? >> no, it certainly doesn't get solved the way it should be solved. we have debt, we is sequestration, any bill that happens today won't deal with the sequestration, which lindy graham said right here, he got a call last night from the defense secretary, worried to death that sequestration is going to gut the military. we are kicking the can down the road. judgment day is coming. there is no question about t. but the president, remember when he appointed the bipartisan simpson-bowles commission
of averting the fiscal cliff will take serious late night legislative wrangling. good morning. i'm eric shawn. i'm heather childers in for jamie colby. without a deal the countdown to 2013 also a countdown to smaller pay checks for nearly all americans as the fiscal cliff tax hikes are set to take a bigger bite and the military facing serious cutbacks along with other federal programs that millions of americans count on. >> ed henry live at the white house with the latest on the negotiations. ed, we are really getting down to the wire. what did the president say this morning and will that make a difference? >> good morning, eric. part of what he was doing was putting the onus on republicans. this s his first sunday mornig appearance since 2009. on meet the press. now, pushing a deal on the fiscal cliff. as you noted on capitol hill is where all of the action is right now. the president when he bought the leaders here on friday said they have to try to work something out over the next couple of days and said on "meet the press" his position was either there is a deal or he wants the senate to
schwarzkopf has died. >>> a fiscal milk cliff is looming. bears over the bruins in the holiday bowl. >>> good morning, even as the finger pointing continues on capitol hill this morning, new hope on a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going to see their paycheck reduced. it's going to eliminate unemployment extensions and initiate spending cuts across the board. >> how will people see this in their paychecks and in their taxes? >> workers will feel it immediately in their paychecks. those paychecks will be reduced. those making 40,000, 50,000 are going to see 1700 less a year. it continues as the wages increase. so
christmas vacation short for the fiscal cliff. >>> and the longest high speed train. good morning. i'm richard lui. christmas was anything but merry for residents of the deep south. christmas packed a deadly punch. three residents are victims of the storm that hit four states as far south as texas. >> oh, wow, oh jr, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for right in this city center. it left lots of damage in its wa wake, blowing out first and second floor windows at the medical center and the roof at the high school. there are no deaths but tens of thousands are without electricity. it sent customers running for cover. >> he looked out the windows and said there is a tornado coming. i looked out, saw the debris flying around, got everybody and the customers an said, we need to run to the back and everybody huddle down. >> i probably hurt my baby grabbing her running for protection. there was no time. >> reporter: the twister was from a massive storm that stretched across the nation. earlier, a tornado touched down near mcneil, mis
on the fiscal cliff. >>> and why are movies so long? >>> a look at the world's longest high speed train. good morning to you. i'm richard lui. christmas was anything but merry for residents of the deep south, where a winter storm packed a dangerous deadly punch. at least three deaths are being blamed on a severe weather system that spawned tornadoes in four states and dumped snow as far south as texas. the latest from alabama. >> reporter: oh, wow. oh, jesus, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for. a tornado caught on video as it touched down right this city center. emergency management officials say the twister left lots of damage in its wake blowing out first and second floor windows at the mobile infirmary medical center and the roof at the high school. so far no injuries or death, but wit trees and power lines down tens of thousands are without electricity. one store sent customers scrambling for cover. >> one customer looked out the window and said there's actually a tornado coming. i looked out and you could see the sparks flying an
.com/pricerewind. >>> about a quarter of the hour on this saturday morning. >>> despite the fiscal cliff, president obama has ended the freeze on federal pay, only about .5%. and biden will see his pay go go up to $231,900. speaker boehner will make $224,600. that's $30,000 more than the pay of senate and house majority and minority leaders. those raises maybe good news for congress. but the rest of america won't be so happy when they see their paycheck next year. it's almost certain that the government will not extend the payroll tax holiday. that means a 2% tax increase for every last one of us. joining me is gerald bernstein, a senior fellow at the center of budget and policy priorities. get the title out. let's get to business. why are we not talking about this? talking about the cliff, but everybody's taxes going up with the payroll tax holiday. >>ith a great question, t.j. an important and underappreciated part of the fiscal cliff. the answer to the why is it really doesn't have any champions. when you hear the list of things people fighting for, estate tax, you hear the unemployment extension, things
. on to the fiscal cliff this morning. the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with him. or perhaps if he wants to visit with anybody else. the consensus seems to be if you get some sort of a deal, it's obviously not going to be the big deal. it will simply be something that extends the tax cuts for the vast majority of americans, at least those earning less than $250,000 a year. the consensus seems to be, carl, that if we don't get a deal by the second or third or fourth week, the super bowl week, we'll start to feel it in the economy. >> we had a notable sell-off. there is typically a bias on christmas eve, but the worst christmas eve performance for t
to this morning's squawk on the tweet. in addition to the fiscal, milk, and wind farm cliffs what other cliffs are you worried about? chuck ls writes i'm terrified of the mcrib cliff. what will we do without that amazing sauce and processed pork? >> happens all the time. >> the estate tax cliff. will have to die within next three days to beat it. c. i writes, my name is cliff. i'm worried about me. can you imagine? >> being run over by the milk trucks and the containers. >> yeah. you got a busy night tonight talking a lot about what happens at 3:00. >> given the meeting is at 3:00 and will take a certain amount of time if they come out and start talking we could really see some whip saw action. keep in mind futures markets are still open after 5:00. these are all markets we'll be watching in response. when we come in on monday we could actually be talking about a deal. >> harwood is tweeting, gop budget source updated the duration of a potential mini deal harwood saying 60 to 90 days not 30 to 60. >> wow. >> 60 to 90 days. we go into march. >> right. >> and not have anything. >> that is recess
morning. united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the tax hikes are avoided well in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important domestic surveillance bisa. they will meet for a vote on the $50.6 billion bill for hurricane sandy relief. they will be back in the same zip code as far as we know there are no specific time or places on the books for an inperson meaning between the two. something else that remains to be seen is everybody will return to the table with a cooler head which the president shawas hopi for before he went on his family vacation. hoe over do you. >> the fiscal cliff we have been telling you so much about could be devastating for thousands of american businesses and their workers. their new concerns t
about the looming fiscal cliff and the president's approach to negotiations. krauthammer giving his take on why a deal has not been reached yet. >> it has been very clear from the beginning that he had no intention to solve the fiscal issues. he has been using this and i must say with great skill and ruthless skill and success to fracture and basically shatter the republican opposition, the only redut of the opposition is the house. his objective from the very beginning is to break the will of republicans in the house and create an internal civil war. he has done that right up until now obama has what he wanted which is a partisan political success. he has been less worried about the fiscal issue for two reasons number one he does not care about debt. he hasn't in the four years, and number two, he thinks he's a political winner if we go over the cliff. he thinks he's holding all of the cards. >>> house gop leaders have decided to have the house of representatives turn on sunday evening just in case there's a deal made in the final hours. >>> now to some stories you can bank on this morn
at the top of the hour on "morning joe," treasury secretary tim geithner throws a monkey wrench in the fiscal cliff talks, announcing that the u.s. will reach its budget cliff by monday. we'll discuss that on "morning joe." and when we come back, we'll hudding around the water cooler, where it gets awkward in an interview between the obamas and barbara walters. that's next when "way too early" comes right back. ♪ >>> okay, enough with the real news, let's gather around the water cooler to watch barbara walters try to pull back the curtain on life at the white house. the 83-year-old journalist sat down to interview president obama and the first lady, assuming we've all heard plenty about the fiscal cliff, walters wasted little time pivoting to more intimate territory. >> when you look at this picture, what do you think? at what point was it taken? >> i think we were campaigning in iowa. >> so, why were you hugging so hard in iowa? >> because i love my wife. >> well, and also, i hadn't seen him in a while. i mean, you know, when you're campaigning, we're two ships passing in the night, and th
on the fiscal cliff remain largely deadlocked. meanwhile, members of congress came to honolulu on sunday to along with the president say good-bye to one of their own. with the fiscal cliff deadline looming, lawmakers and president obama attended a memorial service in honolulu on sunday for the late senator daniel inoyue. >> he was really a legislative hero who would never hesitated to collaborate with a republican colleague for the good of the country. >> reporter: there was little sign of collaboration on the morning talk shows. >> my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. >> the president has been a pathetic fiscal leader. >> both sides blaming each other for the impact. >> i think the president is eager to go over the cliff for political purposes. i think he sees a political victory the on the bottom of the cliff. >> on taxes it's hard for the republicans, but the president ran on that platform, 250, no tax increases for people below but taxes for people above. he won. >> reporter: those comments cap aa week in which house speaker j
with as you probably know. the fiscal cliff headline watch continues. you just heard john kanas say the market not too concerned. futures up 21 points. decent data out of europe, we will talk about in a minute what a day for the asian markets again. also coming up. our road map begins at andrews air force base where the president arrives in a couple of hours, cutting his hawaiian vacation short to address the fiscal cliff s there really any hope in the last attempt? does the market fade if there's no news tomorrow night? >> the nikkei continues its 21-month run. how much is the boj willing to put up with? >> looking a at potential strike in the nation's port on the east and southern coast, the first since '77 that could cost retailers and importers billions. businesses now asking its white house to get involved. >>> you can now get the nokia lumia for free, depending on the service provider contract you sign s that standard practice or a sign the company's flagship phone suspect selling well? >>> we will start off with news about the fiscal cliff. congress returning to capitol hill today to tr
to the fiscal cliff. there are some signs of hope this morning. and it oob thanks to republican senate minority leader mitch mcconnell. peter doocy live in washington with the very latest. peter, i guess they reconvene 1:00 tomorrow which leads them oh tons of time to avert that fiscal cliff you are hearing from administration officials down here that republican the senatech mcconnell the is trying really hard to figure out a way to avoid the fiscal cliff public. >> we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the expwrort leader can make to his conference. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants
hawaii. five days until we fall off the fiscal cliff. the president returning to washington to try to negotiate things there. doug luzader is life with the president's plans and what could happen if a deal isn't reached in time. >> the president is in the air on board air force one heading back from hawaii. he is going to come back from washington where not much has changed. as far as congress is concerned the senate will be meeting today. interesting little tidbit this is the first time since 19170 there have been legislative business conducted in the weeks of between christmas and new years. we will see some activity on hap t capitol hill. there may be a stopgap measure to try to prevent the calamity that happens at the end of the year if we reach the fiscal cliff. if we do not have some kind of a compromise. here's what's going to happen. just about everybody is going to have a tax increase. the number goes up significantly with incomes. if you are talking 200 to 500,000 in income almost 14,000 dollars in tax hikes. the wealthiest americans people that make a million dollars or
a good morning. with the fiscal cliff looming, you might be digging deeper into your pockets at the grocery store. this new year, if congress doesn't take action on the farm bill, the cost of milk could more than double. theresa, my friend, is live in new york city and has the details on that. good morning. >> good morning to you. as the clock strikes 12 on december 31, a lot of things in your life are going to end up costing you more, including the cost of milk that is if congress doesn't act. what are we talking about? a truman era law that is tangled up in congress' web. as i mentioned, it expires december 31. if it does, basically the government will be forced to buy vast quantities of milk at twice the wholesale rate, sending the price you pay to 6, 7, even $8 a gallon. some people are calling it a milk cliff, just what we need when we're talking about the fiscal cliff. technically not tied to budget negotiations, but still that money has to come out of your pocket. here is chris gailen from the american milk producers federation. >> farm bill is like this low hanging or
's this morning's key question. how will a failure in the fiscal cliff negotiations hit you at home? with you now is jean. let me give you my three economic indicators. >> okay. >> guinness, harp and bass don't count. >> i said three. those are four and five. the top three are, one, if you can find a space, parking space in a shopping mall. >> easy to do these days. >> two, grocery store lines. check out what kind of food people are buy. if they're buying high-end items in the grocery line. and three, lottery tickets and people ahead of you are buying lottery tickets, if they're buying a lot of $2 tickets it means we're in a funk. >> we're in a funk. the folks at bank rate did a survey and about a third say they're spending less because of the cliff. it's the same reason that we saw the fall in consumer confidence numbers so significantly yesterday. >> can you make a counterargument that not spending a whole lot money right now because of a lack of confidence or trepidation about what might happen in washington and saving that money, that might be a good thing? saving is not a bad thing. >> save
in just a moment, the nation on the edge of the fiscal cliff. what kind of deal is going to satisfy americans? it's 13 past the hour. i'm t.j. and you're watching "weekends with alex witt." ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. if by blessed you mean freaked out about money well we suddenly noticed that everything was getting more expensive so we switched to the bargain detergent but i found myself using three times more than you're supposed to and the clothes still weren't as clean as with tide. so we're back to tide. they're cuter in clean clothes. thanks honey yeah you suck at folding [ laughs ] [ female announcer ] one cap of tide gives you more cleaning power than 6 caps of the bargain brand. [ woman ] that's my tide, what's yours? >>> 17 minutes past the hour now. president obama says he's optimistic senate leaders can avoid the fiscal cliff with just three days to go. if no agreement is reached the president says he's urge congress to hold up or down votes on a pa
creeping fiscal cliff. you're watching cnbc, first in business worldwide. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my
to figure out how to bridge a 400 million dollar gap in their positions to avoid the fiscal cliff. the last time we heard from the president, he thought a break would benefit and bring lawmakers together. to make a difference >> everybody can cool off and drink egg nogand have christmas cookies and sing christmas carrolls and enjoy the company of loved ones and ask every member of congress when they are back home to think about that. think . obligations of people who cent us here. >> speaker boehner is expected to return to dc any time he with drew the republican plan b deal that extends tax cuts to everyone under millionaire. he was confident that the cliff could be avoided last time we heard from him. >> of course, hope springs eternal and i know we have in us to come together and do the right thing. we'll work on a plan to protect families and small businesses. >> and so there is time for a in person meeting. >> we are getting some twitter for rick. what is new york city looking like with a nor'easter on thursday. i want to know the answer on that. deadly storm system that pounded the mi
, whether it be the fiscal cliff, the election, the situation in europe. nonetheless, gold has just not been the safe haven. this morning, it was industrial metals that got a boost as we saw rallies in asia on hopes that maybe this new regime in china is going to be spending more helping to prop up the property department there, housing, than might mean more demand for industrial metals. copper today, the standout in part because of that. also, a different note, the s.e.c. ahead of the holiday delayed a decision on the proposed etf, according to the "wall street journal," the etf would hold twice as much copper in terms of holdings compared to the jpmorgan holding approved on december 14th. >> i think 182,000 physical tons they could take off the market. we'll revisit it later. for a moment, thank you. bob pisani is joining me on the floor of the nyse. the big discussion is about retail and what the figures from mastercard tell us. >> i just want to point out that the dow industrials dropped in the middle of the day. there had been some concern the house leadership which is all coming back n
ticks toward the fiscal cliff. nancy cordes is with the president in honolulu. nancy? >> reporter: jim, the president is trading the sand for snowy washington. he'll be back in the nation's capital by mid-morning tomorrow, and most of the u.s. senate will be attempting to get back there by then, as well. but house leaders have not given their members the signal to return to washington and say they won't until the u.s. senate passes a bill to avert the fiscal cliff. as the president wrapped up his vacation, federal workers trickled back into the nation's capital. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned, and, in just six days, a 2% payroll tax is set to expire, along with the bush era tax cuts, shrinking the average workers' paycheck in 2013 by about $1,500. long-term unemployment benefits for about two million jobless americans are also set to expire, and $110 billion worth of spending cuts to both domestic and defense programs will start to kick in, forcing layoffs in the public sector and for some private sector government
huddy in for alisyn camerota. we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet: oh, how about that car? >> that's not something you see every day. >> no. >> "fox & friends" begins right now. ♪ >> hey, everybody. >> juliet: hi, everybody. >> dave: good sunday morning, juliet huddy in for ali. how are you doing, my friend. >> clayton: dave usually gets the coffee. and no coffee around this place. >> dave: i apologize. >> clayton: dave overslept and dropped the ball. >> dave: it happened with my iphone. i woke up an hour too late to my wife shaking me. >> juliet: i don't know what it is about this morning. i'm like in lala land. >> clayton: there is no snow. >> juliet
at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher who is pretty upset. coming up, montana's governor brian schweitzer is going to weigh in. >> looks like the meeting may have broken up. there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get eamon javers to get in front of the camera when we come back. stay tuned. [ male announcer ] at scottrade, w
the senate, a deal to avoid the fiscal cliff still seems to be going nowhere. without a deal, tax hikes and massive spending cuts are in effect on january 1st. so here's what senate leader harry reid had to say earlier. >> this morning we've been trying to come up with some counteroffer to my friends' proposal. we've been unable to do that. i've had a number of conversations with the president, and at this stage we're not able to make a counteroffer. >> nbc news deputy political editor dominic a montenaro join us. >> hope is not a plan, and, you know, i think both sides are still far apart. i think they, you know, say they will continue negotiating. you saw the chain cpi now game off the table but a lot of this is posturing. republicans were outraged that harry reid went to the floor today to say that chain cpi is a deal-breaker because they didn't think, you know, that that was the line in the sand for them and they were saying that harry reid is trying to, you know, just play a political -- do a political maneuver here to signal that -- that they are not going to negotiate on chain cp
-called fiscal cliff. it's come down to a matter of hours. midnight tomorrow, everybody's taxes going up unless something happens in washington, d.c. hello to you all and welcome to weekends with alex witt. i'm t.j. holmes filling in for alex. a consequence of history in the nation's capital if congress cannot reach a compromise deal on tax and spending cuts. a short time ago, we were hearing from the president talking about the fiscal cliff negotiations. he spoke exclusively on "meet the press" and he had a message for congress. >> at minimum, make sure people's taxes don't go up and 2 million people don't lose their unemployment. i was modestly hopeful yesterday. now, the pressure is on congress to produce. >> the president responded to what would happen if no agreement is reached and the nation does fall over that cliff. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. if people start seeing that on januar
in the house and the senate to come together in the fiscal cliff. we're going to be talking about the starbucks effort a little later in the show. good morning, ladies and gentlemen. >> good morning. >> good morning. it's thursday, december 27th. i'm mike barnicle in for joe, mika and willie. joining the table, we have political editor and white house correspondent for the huffington post, sam stein. >> hi. >> applause for sam. "fortune's" assistant managing editor, leigh gallagher. and the president of the council on foreign relations, author of "foreign policy begins at home: the case for putting america's house in order." and in washington, vice president and executive editor of msnbc.com and msnbc political analyst, richard wolffe. a minor round of applause for richard wolffe. >> one hand clapping. >> first of all, can anybody here come up with a synonym -- i don't care what it is -- so we don't have to employ the phrase "fiscal cliff" at all during the day? any ideas? anybody got any -- >> how about deadline? >> how about do your job. how about just do your job time. it is ridiculous. a li
on that and what the fiscal cliff means with some of those numbers. we'll dive into some of the taxes we'll all be paying. because it's going to get scary. we were talking a little bit with stuart varney about some of the taxes that you'll pay no matter what regarding that payroll tax hike that you're going to see. everyone is going to get hit. that's not even part of the discussion, hasn't even been put on the table this morning. >> juliet: speak of scary, based on what happened in newtown and what's happened in other schools around the country, parents understandably are scared. educators are concerned about security in schools. let's go to utah where the teachers will be getting weapons training today. and arizona's attorney general plans to have trained or principal trained with a gun inside the school. basically they're not saying they want the teachers to go roaming the halls with a gun. but this is like the last standr classroom. >> clayton: the first response are how are they going to allow guns in utah. in utah, one of the few states that allows guns in public schools, the legislature
Search Results 0 to 27 of about 28